NOT LISTED FOR SALE

1520 3rd St Unit 1524 3rd st Cheney, WA 99004

Estimated Value: $304,227 - $352,000

4 Beds
2 Baths
1,638 Sq Ft
$196/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $285,000 $174 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,068/month

37 Days on Market

Highlights

  • Ranch Style House
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Dual Closets
  • Dining Room

About This Home

As of April 2022

Great 1970 brick duplex, short walk to EWU. Each unit has 2 bedrooms, 1 bathroom plus storage unit for each tenant. Low rents currently and with some elbow grease could be brought up to market rents in the area.

Last Listed By

Marcus Fleming

Amplify Real Estate Services License #138017 Listed on: 01/21/2022

Amplify Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,287

Year Built

  • Built in 1970

Lot Details

  • 8,000 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Dual Closets
  • 1,638 Sq Ft Home
  • Dining Room
  • Crawl Space

Kitchen

  • Free-Standing Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Cheney Elementary And Middle School
  • Cheney High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

  • 2 Units
  • Water Sewer Expense $480

Listing and Financial Details

  • Assessor Parcel Number 13124.3204

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,287

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Excluded Items: Tenants Personal items
  • Year Built: 1970
  • Style Of Construction: Duplex Side-Side
  • Lvt Date: 01/21/2022
  • Common Interest Community: No
  • Geo Address Line: 1520 3rd St
  • Geo Primary City: Cheney
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 1/22/2022 2:48:44 AM
  • Geo Zoom Level: 15
  • Sr High: Cheney
  • Jr High: Cheney
  • Allow Public Comments: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Approx Sq Ft: 1638
  • Price Per Sq Ft: 173.99
  • Basement: Crawl
  • Design: Rancher
  • Dining Room: Informal
  • Family/Recreation Room: 1st Flr
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Washer, Dryer
  • Primary Bedroom: Dbl Clst

Exterior Features

  • Exterior: Brick
  • Roof: Comp

Garage/Parking

  • Garage Parking: Off St Prkg
  • Garage Size: 0

Utilities

  • Heating/Cooling: Elec, Basebd, El Wall Unit, Wall A/C

Schools

  • School District: Cheney
  • Elementary School: Cheney
  • Middle School: Cheney
  • High School: Cheney
  • School District: Cheney
  • Elementary School: Cheney

Lot Info

  • Acres Mol: 0.18
  • Estimated Lot Sq Ft: 8000
  • Parcel Number: 13124.3204
  • Site Improvements: Pub Sewer, Swr Conn

Multi Family

  • Number Of Units: 2
  • Number Units A: 1520
  • Number Units B: 1524

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2005
Sold by
Butcher Donald P
Bought by
Liu Yigang and Liu Michelle Sun
Total Days on Market
37
Current Estimated Value
$320,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Outstanding Balance
$42,122
Interest Rate
4.77%
Mortgage Type
Negative Amortization
Estimated Equity
$278,435

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Liu Yigang $105,000 Spokane County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Yigang $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $285,000 -1.7% $174 / Sq Ft
02/27/2022 02/27/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $290,000 0.0% $177 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $290,000 -- $177 / Sq Ft
Source: Spokane Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,287 $298,000 $75,000 $223,000
2023 $2,299 $262,300 $75,000 $187,300
2022 $2,247 $274,100 $75,000 $199,100
2021 $2,106 $183,900 $31,500 $152,400
2020 $2,038 $166,800 $30,000 $136,800
2019 $1,811 $155,900 $28,000 $127,900
2018 $1,877 $140,700 $28,000 $112,700
2017 $1,623 $134,400 $28,000 $106,400
2016 $1,542 $123,000 $28,000 $95,000
2015 $1,489 $120,800 $28,000 $92,800
2014 -- $120,800 $28,000 $92,800
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202210646

Spokane Association of REALTORS®

APN: 13124.3204